The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
wealth inequality
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What Is the True Cost of Inequality?
Comparing the U.S. to other more egalitarian-minded developed nations can give us a vivid sense of the high toll that inequality exacts.
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Why We Need to Confront the Billionaires’ Paradise
Did your net worth grow by 17 percent last year? Unless you’re one of the world’s 1,542 billionaires, chances are it didn’t.
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More Than 400 Millionaires Tell Congress: Don’t Cut Our Taxes
The wealthy Americans — including doctors, lawyers, entrepreneurs and chief executives — say the GOP is making a mistake by reducing taxes on the richest families when the nation's debt is high and inequality is at the worst level since the 1920s.
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"New Gilded Age" Reaches New Heights With World's Billionaires Owning Staggering $6 Trillion
In a new study, the Swiss financial firm UBS found that the wealth of the world's billionaires grew by 17 percent in 2016, bringing their combined fortune to more than double the GDP of the United Kingdom.
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To Address Inequality, Let’s Take on Monopolies
Our team is dedicated to investigating and publicizing the radical concentrations of wealth, and power, that are responsible for creating much of today's extreme inequality.
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Robert Reich: The Growing Danger of Dynastic Wealth
The estate tax applies only to estates over $11 million per couple – and wealthy families stash away dollars above this into “dynastic” trust funds that escape additional taxes. Now Trump and Republican leaders plan to cut or eliminate the tax altogether.
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The 1% Is Organized and Coming for Its Tax Cuts. Is the Resistance Ready?
New details emerge of Republicans' effort to ensure that their bid to rewrite the tax code doesn't suffer the same fate as healthcare.
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More Evidence That Inequality Is Spiraling Out of Control
Inequality is much worse than we’re led to believe by a dismissive business media. The numbers are hellish, and they’re growing.
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London's "Land Banking" Ventures Expose Startling Wealth Inequality
"Numbers of households considered wealthy have shot up and so have households considered poor, leaving a shrinking middle" in London, where those able to buy property assets come almost exclusively from the top 1%.
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In the Last 40 Years CEO Pay has Risen 937% – But Worker Wages are Stagnant
A new report published by the Economic Policy Institute shows that while wages for American workers have remained stagnant for decades, CEO pay has soared at an “outrageous” clip – reaching an average of $15.6 million at the largest firms.